
Commodity prices surged after Russia's invasion of Ukraine, with oil passing $100 a barrel, aluminum hitting a record and wheat reaching a nine-year high. A month into the conflict, inflation has risen, a wheat shortage is deepening food crises in countries such as Egypt, and growth forecasts are being cut.
Glencore said global trade flows will need to adapt to lost Russian and Ukrainian supply.
Sustained supply losses from Russia and Ukraine keep wheat and energy prices elevated, raising feed and input costs for buyers.
Setelah 361 peristiwa geopolitik bullish sebelumnya, Gandum (SRW) bergerak median +0,7% selama 5 sesi (58% lebih tinggi; separuh tengah -1,4% sampai +3,7%), dan +1,3% selama 20 sesi.
Setelah 656 peristiwa geopolitik bullish sebelumnya, Minyak Mentah (Brent) bergerak median +1,9% selama 5 sesi (63% lebih tinggi; separuh tengah -2,7% sampai +6,6%), dan +0,7% selama 20 sesi.
Pergerakan benchmark setiap komoditas dari penutupan terakhir sebelum peristiwa. Pembacaan historis menggabungkan peristiwa serupa di masa lalu; itu menggambarkan apa yang terjadi, bukan apa yang akan terjadi. Bukan nasihat investasi.
Wheat hit a nine-year high with a deepening shortage and lost Russian and Ukrainian supply, giving the macro supply backdrop for the rally.